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Re:Silicon Valley Bank unmasks the hypocrisy of libertarian ... by pclmulqdq on Wednesday March 15, 2023 @04:13PM (#35174092)
Every other institution borrows long to lend short. That's how money is usually made in a financial company, like a hedge fund or something similar. Banks are the counterparty (in a cosmic sense) to that trade: they borrow short to lend long. It is an inherently unstable business model, but it works if you trust them enough.

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